it. >> we'll hash it out. >> watters, everybody. thanks for watching. i'm bill o'reilly. remember, the spin stops right here. we are definitely looking out for you. >> welcome to "the kelly file" special report, robbing our youth. i'm megyn kelly. this is a look at our near future. for decades america has been the land of endless opportunity. until recently. now we are seeing what critics say is a cycle of washington stealing from our children to pay for the next election. our team incapable of reigning in entitlements or making choices to promote stronger economic growth. let's go back to 2008. listen to the campaign trail talk. >> i have to make sure that young people, young women and

young men understand that i am dedicated to the proposition of handing to them a safer, more prosperous world. >> we have to get spending under control in washington so we are not mortgaging our children's future under a mountain of debt. the young people here, your future under a mountain of debt. >> flash forward five years. some of the students who sat through the speeches may still be looking for work. >> the unemployment rate for 18 to 34-year-olds was almost 10% this month. they have lagged since the recession. it's even higher if you consider underemployment. those working are making less. wages for 25 to 34-year-olds have fallen an average of 8% since president obama took office. the bills keep piling up. this group has an average $45,000 in personal debt with a lot of it coming from student loans. then there is this. >> well, i need this. you know? i need this.

and i'm going to take this. and -- no, no. i'm the old oh person. i need this. you have to take care of me. i want it. mine. >> john recorded that exercise in entitlement almost four years ago. those babies haven't yet graduated first grade. in that time the national debt has grown by 4.6 trillion dollar thes. those poor little things. while the economic crash gets some of the blame, here is the ugly truth about where the money goes. entitlement spending was $is 1.5 trillion or just less than half the federal budget. by 2020 it grows to $2.4 trillion. an increase of oh more than 50%. that doesn't account for obama care and what happens with the bottom line if this experiment costs more than projected. here is a closer look at that.

if you want to hear the president pitching health care, a college campus is a safe bet. he's made no less than a dozen appearances at universities and colleges repeating his most popular promises. >> if you are a young adult or entrepreneur striking out on your own, you are covered. if you lose your job and your health care with it, you're covered. [ applause ] >> this speech was days before the official launch of the uh now malfunctioning website. there is a reason why he loves college campuses. the success of the president's signature legislation hinges on the so-called young invincibles. the healthy 18 to 35-year-olds who don't spend a lot on health care and may not have insurance. the administration needs nearly 3 million to sign up by the tend of the year and recruited hollywood to help. >> under the affordable care act you will stay under your parent oos plan until you are 26.

>> will the campaign work? weeks after the launch a gallup poll found young people are the ones most likely to support the low. that doesn't mean they will enroll. these millennials are likely to bear the big burden and the smallest reward. people aged 21 to 29 who do not qualify for government help will see average premiums in the obama care exchanges increase by 42%. compare it to people aged 60 to 64 who do not qualify for assistance. they will see average premiums increase by just 1%. and the troubled health care.gov website isn't making things easier. one democratic senator suggested that the broken website and reports of millionses of americans losing coverage are pushing away the very people this law needs most. >> what i worry about is that there is such a crisis of confidence people won't enroll. and the very people we need to

enroll, particularly our young people, to make the whole system work won't happen. >> well, some of the young people are in studio with us tonight. trying to figure out how they feel about how the economy is going and what the future holds. we have governmentered republicans, democrats, libertarians, folks of different stripes. we wanted their feel for what the future holds. >> you lean right. what do you see when you hear stats like that about how the premiums are going to be for young people and the national debt is piling up despite promises we heard from both sides of the aisle as recently as five years ago. >> it's alarming to think we were so easily lied to. and that my generation believes the lies and bought into the promises. now we are really reaping the negative consequences of that. i would like to see my generation step up and realize what we are being told and that we would go deeper to see what

the promises meant back when they were told to us. >> whether they were true at the tile. jeremy epstein, you are a democrat. respond to the comment about lies. you believe your generation was lied to by the politicians. >> well, i don't know about lied to. that's a strong word. when you look at the statistics you brought up, we were misled. lying is a strong word. we were obviously misled with the promises given to us. they are not following through. that's obviously a problem. >> how do you feel about that? >> when you look at college campuses they lean left. i think people had belief in president obama that he was going to change things and be a president in particular for you young people. >> clearly in 2008, my generation bought into president obama. we liked his energy. thought he was going to change things. fast forward to this election. he won partly because you don't

throw out a president trying to reform after his first term. obviously there is something going on with the obama care. it's struggling. the website doesn't work. we are not headed in the right direction. we were misled and i think that's a problem. >> of the democrats on this panel, raise your hand if you feel buyer's remorse. none? you still back the president you supported. anthony, you're a liberal. >> yes. >> you support the president? >> yes, i do. >> how do you feel about how it's gone for young people? >> it's not ideal. it hasn't been ideal for anybody. the numbers that we were read earlier and what we have been hearing, we were just joking and laughing that it's heavy stuff. i don't know where to begin with those numbers, the national debt and the position we have been put in. we kind of have to look ahead,

not behind. >> that's what we are trying to do. but the future doesn't look good for you. i have to tell you. the stats we have seen so far are bad. the national debt at $17 trillion. i feel that as a mother you guys will be living it soon. in your careers, feeling the results of it. when you think $17 trillion, let me ask you, brian mor againstern, what do you think? >> shocking. the debt almost tripled in a decade. we saw how much it's gone up just over the past four, five years. i'm worried not just that it exists but nobody seems interested in tackling it. the only people who talk about it seem to be right wingers who didn't resonate with the generation. some of it has to do with a disconnect. they talk about small government in some context. not every context. the fact that it exists and the lack of political will to address it are alarming to me.

>> you will be left holding the bag. more on what that means for you and how you will get out of that coming up in a bit. we started asking for obama care stories on the facebook page and twitter feed a couple of weeks ago. we have seen thousands upon thousands of responses to me @megyn kelly on twitter and on facebook.com/the kelly file. up next, the powerful story of a young man just like our panel here and what he's experiencing with the changes. plus, entitlement spending is expected to increase 50% in less than a decade. we'll look at what it means for the panel and for you just ahead. ♪ gh bells♪ there's still time for big savings at bass pro shops 5 day sale. like ladies flannel pj pants for under $8. great deals on these popular bass pro shops spinning and baitcast combos. and this weekend, don't miss free giveaways, hourly prize drawings and more.

to help secure retirements and protect financial futures. to help communities recover and rebuild. for companies going from garage to global. on the ground, in the air, even into space. we repaid every dollar america lent us. and gave america back a profit. we're here to keep our promises. to help you realize a better tomorrow. from the families of aig, happy holidays.

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we are back with this "the kelly file" special where we can looking at the economic changes piling up for the millennial generation. most don't know what cassette tapes are but they are going to know a lot about insurance. we started asking for stories a few weeks ago. we have seen thousands of responses sent to me on twitter and posted on facebook.com/the kelly file including a number from young people. trace gallagher has one now. >> we have done a lot of personal stories. this might be the most important yet. it does involve a young, healthy person who the affordable care act needs. his name is james vincent, 33

years old. he drive as truck for a living. he couldn't afford his employer's insurance so he got his own. it cost him $75 a month. that was cancelled. his new plan is $269 ap month. his deductible went from $1500 to $5,000. after that, the plan pays for only 70%. he did the math. for now he's decided to go without insurance. listen. >> i'm healthy, in good shape. it's a gamble which insurance is a gamble anyway. you are putting money down to pay for what you might need. putting that much money down it sefb mess better in my bank account than in a government program. >> he's aware that he could face fines but think it will be a while before the fines outweigh the premiums and deduct able. he's a part-time national guard

member and wants the world to know he's trying to do the right thing. he's pretty sure the affordable care act is trying to bring in the young and healthy and not push them away. >> you are either going to pay $3,000 for a year for insurance you can't afford that doesn't benn benefit you or they will charge you fine that is gradually increase year to year until we can force you to buy insurance you don't want. >> he says he'll keep his money and put his fate in the hands of the lord. >> thank you. what of it? obama care was meant to get people like you paying in. you are the ones whose low uses of insurance and hopefully wallets the federal government needs. because you're healthy, invipsable. your money helps fund the older generation that's sicker than you. on the other hand, you will have insurance when you may not otherwise have it.

god forbid something happens to you, you have it. pamela, do people your age plan to buy this insurance product once health care.gov is up and ? >> many of the people i know were just kind of sticking it out and seeing what happens. you can't get the website to work. you probably won't get sick anyway. they might try for the fine later. >> is there a question about you need insurance? up to 26 you can stay on your parents' insurance. is there a discussion of i would like to have insurance and i'm going to pay it. does anybody hear that? >> the only people who want it are people who already have a medical condition. they are not the ones who will contribute the way the plan needs because they will immediately be drawing things

out. >> raise your hand if f you text. raise your hand if you regularly e-mail. raise your hand if you regularly write long form notes or letters. and raise your hand if you would sit for three hours on a website to enter your information for health care coverage. no one. even if you will get insurance, you get a product, nobody would do it? you seem on the fence. ray, you might? >> ideally you wouldn't have to wait three hours. but but we want to be insured. dependses on your level of coverage. the idea that health care is a gam able -- gamble. >> i tried yesterday. i tried to register on the new york state exchange. to their credit the website was

functioning. >> that one's supposed to do well. >> the plans it's not clear what you are getting or if the tax credit you are entitled to anyway or if it is new free money. i don't have money in my checking account to hit submit anyway. >> raise your hand if you have no money in your checking account. that was my life in my 20s. hopefully you are doing better than i am. we'll have more in a few minutes. of millions of americans looking for work, one-half of them were aged 18 to 34. one half. young people need jobs badly. we'll take a special look at the job market for them just ahead. plus, federal spending on entitlements expect bid more than 50% in the next few years. what does it mean for the generation seeing the future build? that's next.

and ah, so you can see like right here i can just... you know, check my policy here, add a car, ah speak to customer rvice, check on a claim...you know, all with the ah, tap of my geico app. oh, that's so cool. well, i would disagree with you but, ah, that would make me a liar. no dude, you're on the jumbotron! whoa. ah...yeah, pretty much walked into that one. geico anywhere anytime. just a tap away on the geico app.

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i need this. and i need this because the young take care of the old. i need this, too. [ crying ] >> oh, geez. john produced that classic moment almost four years ago. he wanted to illustrate how the exploding cost of entitlement spending falls to the younger generation. that was before we calculated the impact of obama care on entitlement spending. the congress mall budget office has the 2013 outlook that suggests spending by the government and its major health care programs, medicaid, medicare, children's health and obama care subsidies will double

over the next 25 years. check this out. released in 2012 it shows how entitlement spending soars above items like education, bdefense and transportation. you may have you understanding for this skull temperature called treasury bondage. it showed babies in chains. thanks to the obligations that washington is creating today. back to our panel. anybody feel like those babies? people out spending, spending. at some point we'll say, it's your job to take care of us. let me start with you. >> absolutely. i definitely feel i will have the to work until i die to afford to live. we know that when we are ready to retire there won't be social security. that pool will be depleted. absolutely, i feel we will have to continue to work.

there won't be money to help us take care of ourselves when we are old and the money we are raising, putting into the pools we are paying for the generation ahead of us. >> the first time there's been a fundamental promise in this country that we wanted better for our children. this generation wanted our children to do better than we had done. things seem to be standing on their head where we are looking at the younger people saying, you need to take care of us. if that hurts your standard of living or lowers below where we are now, so be it. we have bills to pay. your thoughts on it? >> i mean, i hope that i can provide for my family the when i get older and they get older. i don't know now. >> do you feel there is opportunity for you? >> yeah. i think there is opportunity. i have to go out and find it. >> when you see the $17 trillion debt, do you feel like, okay, i have to pay that or, o it's a credit card somebody else will deal with.

>> certainly. especially as the interest payments on the debt become more burr donsome, it will be a huge problem. already now when i was just working my job i looked at the paycheck. i got ornery at the amount of taxes. especially when you think about when you eventually get the job you want to have and and tax rate wills probably go up because it will be easier to raise taxes than to cut spending. you will see that to your income more. how you retire becomes a problem and how do you send your kids to college becomes more of a problem because that cost will go up. >> the entitlement spending. it will be two-thirds at some point soon of the national budget. who will be paying into that? it has to be young people with jobs footing the bill. jobs have been hard to come by. let me ask you. your thoughts on the obligation you will have? >> we have a disproportionate demographic of baby boomers now.

i wish we shared in the same insurance seniors did. but instead we have a patchwork system. we are dealing with privatized tax codes and student loans. >> do you feel there is a clear path forward for you and the people to the left and right and behind you to pay for this obligation? once the baby boomers have passed on there will be another generation that you have to help fund. >> we need to work on balancing short-term spending on investment and long-term spending on entitlements. >> we do need to work on it, but we weren't. every time we were going to tackle the debt, take a look. what happened? all the recommendations were ignored. jp, let me ask you. do you feel confident that the people in washington now are looking out for you and have the courage to do something about

this? >> i was going to respond to alex's comment about having to work until you die. that's granted that you can find a job. i recently graduated from college. i know the difficulty of finding a job in today's economic environment. also there is a false sense of hope instilled especially in the millennial generation that you can go to college and find a job. i have friends and colleagues still out there looking for jobs. having to pay this debt off is just not feasible at the moment in my perspective. >> go ahead. >> i agree with what j.p. said in terms of people having struggles with certain jobs and trying to get certain positions. i have seen -- i hate to say it, but some of my friends and members of my generation, there are a lot of lazy people. there are a lot of jobs in certain fields. just jobs that maybe aren't their ideal scenario.

>> they feel it is beneath them. >> sure. or the pay isn't as good as they want or what they expected. i graduated in 2006. my father told me he was personally offended by what my paycheck was going to be. it was half of what my college annual fee was. it was one of the things where you work hard and you don't let that stand in your way. sometimes you have to do different things to get where you are thinking about where you want to be. >> a job is a job. absolutely. >> you can be passionate about it as well. >> back in the day when i was your age i was doing telemarketing. i was rachel. i felt it was easier than saying megyn to do my hard sales. i was gang busters. look at me now. we'll be right back. it's not just the younger generation worried about the challenges or feeling the impact. ahead, a few of the panel give their. mos and dads a chance to weigh in. that could be interesting.

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back to our "the kelly file" special. one of the first number wes shared with you. in the jobs report the unemployment rate for the general-y millennials was almost 10%. that number is misleading because it fails to count those who stopped looking. in fact, consider that unemployment is rising, fewer young people are working, wages are going down and college debt is climbing. you can see how challenging this is. fox business network host stu v argos rney has been helping us crunch the numbers.

they are in a tough spot. >> this generation is in -- they are the victims of a no growth economy. for them, for many of them the american dream is fading. this is the evidence. number one, unemployment. as you said it's close to 10%. look at declining incomes. median income is $34,000 before the crash. it's now down to $30,500, a big drop. >> that's what people were starting at when i graduated college. >> it's come down. >> how are you supposed to li on that? >> they are squeezed out of the workplace. they are being squeezed out. jobs are going to older people. this participation rate. if you look at the age group,

they have shown a decline in participation in the work force of 20% for men and 14% for women. last, the crunch. the high cost of college debt. average college debt is $26,600. add the interest they have to pay, it's $38,600. that's $320 a month on average. that's a mortgage payment. >> a lot of people live on $30,000 a year. not grand but you can make ends meet. when you pile on student debt you are well below the poverty level. >> how do you meet payments when the jobs aren't available and those that are available aren't paying what they used to pay. the dream has faded. used to be you graduate, get a

job, save money, get a house. now you come out of school with high debt. loans to get a house, not ease to come by. the dream has faded. >> that's why you are seeing the rental market for a long time. >> correct. >> we'll talk to fanl about some of the numbers and stats stu was sharing with us. does anybody here own a home? right. does anybody here feel hopeful about owning a home any time soon? when you hear him talk about the median salary -- does anybody here have student debt? if you have parents paying for your education, you're lucky. that's not the norm. in terms of long term, jeremy, let me ask you. most people think about the here and now in their 20s. >> i think a lot of people know

that the american dream is dead. college students shouldn't be penalized for trying to better their lives, get education, come out in debt when you are trying to better yourself to get a job which isn't available. >> you have the debt, that's one thing. we all have debt. you want a job. >> the unmoimt rate is high for people my age. it's very hard. i think about it a lot. you think, can i support myself? can i move out of my parents' house? what can i do in terms of getting a job. it's hard and only getting worse. you asked if we had buyer's remorse for president obama. a lot of things he promised haven't worked out. look at the health care. it's not working. he tripled the national deficit. that's why it's frustrating for my length yells trying to go to college and in school you think i will have all this debt and

can't better myself. >> a lot of young people like president obama because they are more socially liberal. he was more ideologically aligned on those issues. go ahead. >> especially going off of what he said, i think it's partly the politicians' fault but also the college's fault to a degree. it's wrong in my opinion to take a student, put them in a program that you know as an administrator doesn't have a very high rate of employment and continue to put people into the programs and continue the cycle where they try to get more federal grant money and raise tuition again. you have students who are going to colleges, ramps up more debt and really aren't thinking about it. you asked if the american dream was dead. i do think it is dead a little

bit. mortgages are very hard to pay for. especially with very low wages. for people our age, we are going to have to look at other alternatives -- staying at our parents' home longer, renting for a long time. possibly having only one home that will be like the retirement present for those who are well off. they can buy a home and have a low mortgage payment. >> do people think about this? are they worried? do you feel invincible like you don't have to consider it? when you are older you look at miley cyrus and think, they are thinking of stuff other than that. maybe that's wrong. >> people are definitely worried. in the younger people i know, they are more hesitant to take on debt than maybe some of us were. the thing that concerns me is someone that's socially liberal and fiscally conservative for people with huge debt sur rounding the occupy wall street

movements you heard calls to forgive the student loans. as far as i'm concerned that just rewards people who took on more debt than maybe i did or some other people. the solution is economic growth. make the economy go so we can get jones and pay your loan. you can pay your loan if you have enough money. some of the policy of solving student debt problems are conflicting with the economic growth. >> you are a libertarian. you lean left according to our producers. did you vote for president obama? >> i'm a principled nonvoter. >> then you don't get a say. what is that? we have to move on. stand by. we have more with the panel coming up. clearly the job picture could be better for the 20 somethings. soon they will be 40% of the voting public -- the voting public. that means washington is all over this. right? we'll take a look.

plus, it is time for the parents to weigh in. what do these challenges mean for mom and dad. you will hear from them when we come back. we're aig. and we're here. to help secure retirements and protect financial futures. to help communities recover and rebuild. for companies going from garage to global. on the ground, in the air, even into space. we repaid every dollar america lent us. and gave america back a profit. we're here to keep our promises. to help you realize a better tomorrow. from the families of aig, happy holidays.

[ male announcer ] if we could see energy. what would we see? ♪

the billions of gallons of fuel that get us to work. ♪ we'd see all the electricity flowing through the devices that connect us and teach us. ♪ e'd see that almost 100% of medical plastics are made from oil and natural gas. ♪ and an industry tt supports almost 10 milln american jobs. life kes energy. and no one applies more technology to produce american energy and refine it more efficiently than exxonmobil. bause using energy responsibly has never been more important. energy lives here ♪ we have spoken to the my length yells about personal

death and jobs. time to bring in mom and dad. joining me some of the parents of some of the panelists. love your thoughts on the economy and what it means for your children and their futures. let me start with you, mary alice. >> one, of course we listened to the first panel. it breaks my heart that they think the american dream is dead. of course it's not. it is inside their hearts. they need to discover it. in a lot of ways it is their opportunity to step forward and create new jobs and find new ways to earn a living. like you, we all started at menial jobs. they will have to as well. they have to fight to create their future. >> do you think -- is it the land of opportunity for them that it was for us or have we put more obstacles in their path with things like $17 trillion debt? >> yes. we have added this debt down the line. they have to pay for it. we haven't started to talk about inflation. the government is printing money

every day. the debt is getting higher and higher. they don't have a chance to make enough money to support the debt that our generation is incurring on them. >> i was asking how though th seems like the first time in u.s. history that the system has been turned on its head. we want to make sure they have a better life but now it seems like, well, we'll run up the credit card. like that clip. they have to take care of us. does anyone feel that way? >> yep. it's not us running the debt up. it's our government. >> that's one of the reasons why congress has a low approval rating. >> right. >> however f you ask president obama who added more to the debt than every president combined he would say, look, we were in a terrible financial crisis. we had to spend out of it. the ship will right itself. rita? >> the the kids have to work hard and just know that doing

the right thing will get them there. it may not be perfect but if they work hard, sooner or later they will feel good about what they have done. they've got to -- >> work hard. >> oh, she's helping you. as you have helped her, i'm sure. we are seeing more children stay on with their parents, living in their homes. we are looking like europe. we have a lot of kids staying there until they get married and parents are saying, i never asked for that. your thoughts on it about whether that's the kind of country we want the to be and are becoming? >> it's not the kind of oh country we should want. because of the high deficit, the millennials and all of the young people will face a terrible tax burden, income tax. that's my number one concern.

number two, the cost of health care and health insurance for them is going to be horrendous. it will get them more extremely than any other age group according to the statistics. thirdly, with the health care. and the fact that pre-existing conditions are now mandated to be covered. the cost of health insurance is going to go through the roof. i will give you an example. we had a representative from blue cross/blue shield come this week. the cost of a policy for one of my partners is going to go from about $23,000 to over $30,000 next year. it's a tremendous increase. the insurance -- >> that's the thing. a lot of young people who will start paying for their policies will soon see they are going to have significant premiums

because you guys are the ones who are supposed to be funding obama care. nancy, you must be happy your son found a good job. >> true. >> very well educated. do you worry about his friends and colleagues and what the future holds? >> i do. i worry about the sadness and the futility that they seem to feel. that they seem to think it is hopeless. that's a very disturbing spirit. it's a lack of spirit that they show. it's like there is no point in trying because no matter how hard i try, i can't rise above this. >> it reminds me of when they tried to raise the retirement age for social security for a year and it would only affect the 40-year-olds when they get there. there was such a revolt over just raising it by one year for people who are my anyone now saying you have 25 years to plan

for it. even that they couldn't get through. that's the situation. thank you all so much. good job, by the way. they seem like lovely young people. so many challenges for generagen-y and their parents. they may be asking why washington isn't doing more? we talked about the lack of courage. more when we return. hi honey, did you get e toaster cozy? yep. got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship it r one flat rate. so i kn untilt was full. you'd be crazy not to. is tt nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. [ male announcer ] fedex one rate. for the most advanceds shaving experience.3d with gyroflex 3d technology, you can get to those hard to reach places for the ultimate shave wet or dry. guaranteed. visit philips.com/upgrade now to save $30. how old is the oldest person you've known?

we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed much is the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪

your generation choose it is path we take as a country. your vote decides where we go from here. [ cheers and applause ] >> are we going to reward an

honest day's work with a chance to buy a home of your own? with health care that's there for you when you get sick? with the ability to put a little way afor your retirement? are we going to make it easier for you to afford your degree and pay off student loan debt? [ cheers and applause ] >> there was no shortage of promises to college students during the 2012 presidential campaign. here is a reason why. in 2008 more than half of the eligible voters in the group of 20-somethings cast a ballot. only about 40% of those people are now satisfied with the direction of the country. what does that mean for 2014 and beyond. we have the midterms coming up and another presidential election. i asked if there was buyer's remorse. let me flip the script and ask if those of you who voted for obama will vote democrat again despite some of the issues that we have discussed tonight.

who will? tell me why. >> still the party that aligns most with what i'm looking for. >> vep on fiscal issues? >> it's been a rough few years especially with an obstructionist congress. i would like to see something come through. i don't think congress wants to pass much of anything. >> governor christie and hillary clinton neck and neck. there was a big spread in her favor earlier. is anybody who leans more left considering gov nofr christie? anybody? anyone considering hillary clinton? nobody? okay. you are. >> yeah. >> why? >> it's not anything that has to do with crazy policy oh issues or anything now. for me it was a big deal that we elected our first black president. i would like for us to continue from a social standpoint to elect our first female president. i think her experience in this

past administration has given her a lot that speaks to her potentially being a great candidate. >> who is ready to vote republican? the upcoming election? three of you. why? >> for obvious reasons. we have seen failed policies for yagt years. as a i don't mean i would not just vote for a woman because she's a female. you have to be qualified. you have to have the full total package when it comes to your political stance, are you willing to go in there, reach across the aisle with the congress. that's been failed in the presidency now. we need someone who is looking forward, working with both sides of congress and not sitting in the white house, twiddling their thumbs. >> a lot going on in the wake of the obama care failures. is that being discussed by young people as a major issue politically? >> absolutely. what you are seeing now his

approval rating is going down substantially. you are seeing people who will consider potentially voting in different ways in the coming election when the presidential election happens again? >> even though on social issues the democratic party aligns more according to the stats. >> i think a lot of republicans that i know in new york city -- a lot of us believe we lean left socially. we are fiscally conservative. if we can continue to build the momentum, get older and as we begin to vote you will see a change and the social issues won't be so important when it comes to voting. >> what do you think barack obama's legacy will be when it comes to young people? >> debt. tons of debt. expanding the entitlement state. we'll have to pay for it. what it is for our generation, we talk about redistribution of wealth. it is robbing the poor to pay for the rich. statistically we don't have as much as your parents'

generation. what we are paying in medicare, social security, all goes to our parents, not to us. that's our legacy. we are paying for the generations ahead of us. >> thank you all for a thoughtful discussion and debate. best of luck. still ahead how you can get into the conversation. we'll be right back. as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from capital one, i get 2% cash back on ery purchase, every day. i break my back around here. finally soone's recognizing me with unlimited rewards! meetings start at 11, cindy. [ male announcer get the spark business card from capital one. choose 2% cash back or double miles on every purchase, every d. what's in your wallet? i need your timesheets, larry!

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thanks for watching our special "robbing our youth." twitter @megyn you think. kelly. have a great weekend. welcome to the studio audience edition of hannity. tonight, you get to meet the millennials. now over the course of the next hour, some familiar faces from generation "y" will be here to tackle a wide range of topics from politics to top culture to some of the most divisive social issues we face as a country. no subject off limits. i want this program to be more than just identifying the challenges that face this generation because so important, we also identify solutions. and with that said, we begin tonight we look at the millennials by numbers. many young americans at this age range, sadly, after nearly s